Global logistics news roundup: Cainiao, UPS, PayPal & Maersk
Cainiao Group, the logistics arm of Alibaba, has partnered with Taobao and Tmall to launch a cross-border logistics service called Taobao PLUS. The service will provide free shipping, free returns, and tax-free services to consumers in Hong Kong, Macao, Taiwan, Singapore, and Malaysia. UPS plans to acquire Happy Returns, a software and reverse logistics company, to improve the returns process for merchants and consumers. A.P. Moller - Maersk is partnering with Inditex to reduce greenhouse gas emissions in seaborne logistics by integrating alternative, eco-friendly fuels. Cargobot has partnered with Greenscreens.ai to offer real-time pricing data to brokers and logistics services.
Source: Link